Reading list · 12 books
Guy Spier's reading list
Zurich-based value investor who runs the Aquamarine Fund and wrote the acclaimed memoir "The Education of a Value Investor." Famous for paying $650,100 with Mohnish Pabrai for a charity lunch with Warren Buffett, and for a reading life that spans value investing, psychology, and Jungian self-work.
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01
Benjamin Graham
Spier calls Graham's classic the foundation, "where it all started for me."
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02
Seth Klarman
One of five value books he says deserve to be "read and reread many times."
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03
You Can Be a Stock Market Genius
Joel Greenblatt
Recommended for rereading; a core text in Spier's value canon.
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04
The Aggressive Conservative Investor
Martin J. Whitman, Martin Shubik & Gene Isenberg
Among the five investing books Spier says deserve repeated reading.
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05
John Mihaljevic
Recommended for rereading as a framework for finding value investments.
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06
Mohnish Pabrai
Spier recommends his close friend Pabrai's low-risk value method, worth reading multiple times.
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07
Reminiscences of a Stock Operator
Edwin Lefèvre
An investment classic that captivated Spier before he found value investing.
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09
Charlie Munger
He calls it a "marvelous glimpse inside the mind of a master," including Munger's analysis of human misjudgment.
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10
The Snowball: Warren Buffett and the Business of Life
Alice Schroeder
Spier calls it a "valuable, though controversial, contribution" to understanding Buffett.
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11
Buffett: The Making of an American Capitalist
Roger Lowenstein
His favorite Buffett biography, which he used to "model" Buffett.
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12
Tony Robbins
Listed under self-help as a good introduction to Robbins's ideas.
More on Guy Spier's picks
Spier maintains a categorized recommended-books page on guyspier.com spanning investing, mentors/role models, psychology and self-help. He frames several value classics as books that "deserve to be read and reread many times," and traces his own arc from being captivated by Soros and "Reminiscences of a Stock Operator" to discovering Graham, whom he calls "where it all started for me."
